F88 raises $50 million in Series C funding round
By Thanh Van
March 02, 2023 | 14:55
F88 Investment JSC announced that it successfully raised a Series C investment of $50 million. The two main investors in this round are Vietnam-Oman Investment Fund and the Mekong Enterprise Fund IV.
Real estate bailout eyes credit recovery
By Hai Van
March 01, 2023 | 16:00
The Vietnamese government and banks have developed a strategy to improve the credit status of Vietnamese real estate businesses by offering a $5 billion loan package.
Restoring confidence at centre of bond provisions
By Le Luu
March 01, 2023 | 14:18
The newly introduced alternatives to a corporate bond decree are envisaged to lay a foundation for issuers to address their difficulties, relieve liquidity strains, and gradually restore investor confidence.
Exchange rate spike not deemed an imminent threat
By Nhue Man
March 01, 2023 | 10:00
The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.
Citi completes sale of Vietnam consumer banking business
By Anh Duc
March 01, 2023 | 09:30
Citi has announced it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 staff.
Firms rebooting capital hike plans
By Thuy Anh
March 01, 2023 | 08:56
Many firms are resuming their capital hike plans through stock issuances in an attempt to mitigate their financial constraints.
163 IPOs in Southeast Asia in 2022
By Luu Huong
February 27, 2023 | 18:32
IPO fundraising was subdued in Southeast Asia last year, as Vietnam saw eight successful IPOs while raising $71 million.
Leaders declare intention to up PSRD deployment
By Thanh Thu
February 27, 2023 | 16:12
Amid difficulties continuing to undermine the business community, the government is hurrying the deployment of the national hallmark socioeconomic recovery and development initiative in a bid to fuel enterprises’ performance and achieve desired economic growth.
Measures to boost trade underpins cautious stance
By Nguyen Dat
February 27, 2023 | 13:00
Despite a positive budget landscape last year, the government has mapped out a cautious projection for 2023 with a large deficit due to massive difficulties expected ahead.
Wise roadmap key for rate softening
By Hong Thuy
February 24, 2023 | 11:49
Current conditions might be sufficient to soften the interest rate, yet a wise roadmap needs to be in place to avert potential threats for future development, banking leaders have discussed.
The hurdles ahead of Vietnam’s emerging market ambitions
By Craig Martin
February 24, 2023 | 11:23
Vietnam currently accounts for 30 per cent of the MSCI Frontier Market Index, making it the largest and most developed constituent of it. So when can we expect the country to step up to the Emerging Market Index?
Weak bank revival to necessitate patience
By Celine Luu
February 24, 2023 | 09:50
Reorganising distressed credit institutions is to be a major focus in Vietnam in 2023, but it could take 8-10 years to transform troubled lenders into financially sound ones.
Cross-border funds required to advance banking expansion
By Luu Huong
February 24, 2023 | 08:00
A slew of Vietnamese banks and securities firms are searching for international financing sources in an effort to expand operations.
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